Several Internet projects of the Runet, the Russian-speaking segment of the Internet, have beaten the country’s biggest TV channels by audience coverage, according to TNS study for June. Google led by monthly audience coverage with 88% and was followed by its local rival Yandex with 87.2% and social network VKontakte with 86%. YouTube had 82.7%…
Russia’s Federal Antimonopoly Service is not inclined to extend the period given to Google to fix its breaches on the local market of preinstalled application stores; still no final decision has been made, the authority’s Director Igor Artemyev said. “Now the official who made the corresponding decision should take steps. We will speak to that…
There are conditions for the central bank to cut its key rate at the upcoming meeting on Friday, inflation is slowing, national top lender Sberbank CEO German Gref said. “On the whole, there are objective reasons for a key rate cut”, he said. “There is a problem that in the third and fourth quarters seasonal…
Finland has invested 100 million euros in Ukraine’s economy over the past twenty years, Finnish Foreign Trade and Development Minister Kai Mykkanen has stated at a briefing in Kherson Regional State Administration. “It is worth noting that Finland invested 100 million euros in Ukraine over the past twenty years”, Mykkanen said, adding that many Finnish…
Azerbaijan’s state oil company SOCAR will issue US dollar bonds for Azerbaijani citizens from September 20, said the company’s website. The bonds will be on sale till October 10. The nominal value of each bond is $1,000. The annual bond yield is 5%. Interest income is not taxable and will be paid quarterly. The bonds…
Ukraine would be able to earn from $200 million to $400 million from privatization of state-run enterprise Ukrspyrt, Agricultural Policy and Food Minister of Ukraine Taras Kutoviy said. “If my team manages to do this, we would be part of history for sure. We have all legal mechanisms for this. I think that the state…
International rating agency Moody’s expects the Russian economy to rise by 1.5% in 2017 after a 1% fall in 2016, the agency said in a statement. In July, the agency expected Russia’s gross domestic product (GDP) to fall by 1.5% in 2016 and to rise by 0.5-1.5% in 2017. Moody’s also expects the asset quality…